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Even though it may seem like it at times, having bad credit isn't the end of the world. While you might think that you'll never be able to geta loan that you desperately need because of your credit score, with a little bit of persistence and some careful preparation you'll find that thereare a variety of different loan options available to you. The keys to finding a loan with bad credit are keeping your options open, having the right collateral, and shopping around to find the best interest rate that you can get.

Compare the interest rates and loan terms that are offered by each lender, finding the loan quote that's best for you and applying for that loan.

What to do if you're denied a loan if you get turned down for a loan, remember that there are still other
options available. Go back to the quotes that you had received previously and apply for the next-best loans… if you're unable to get one of the next two best, you might want to begin your search again and consider a few additional lenders that you hadn't previously.

You might also want to attempt to get a pre-approval from a lender,
which means that they review all of your information as though you were  submitting your actual application while you're still getting your loan quote. This can save you time and frustration.

However, one should always take the time and put your budget on paper.  Yes, write down your income!  And write down your exptenditures!  And see if they balance.

A handy way to do this is simply take two sheet of paper.  One of these papers will represent "all" of your monthly income and expenditures.  The other will represent each "payday" income and expenditures.  

Draw a line down the middle, from top to botton.  On one side name it "Income" and on the other side name it "Expenditures" - Name "all" expenditures.  On the other sheet of paper name "all" income.





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